A parachain slot is a scarce resource on Polkadot and only a limited number will be available. For a parachain to be added to Polkadot it must inhabit one of the available parachain slots. Litentry has been developing its parachain for Polkadot and preparing for the parachain slot auction.
With the upgrade of Polkadot’s parachain testnet Rococo, Litentry is now actively conducting auction and crowdloan tests on its test-parachain Litentry Rostock. We can see an overview of the test parachain bids and crowdloan campaigns in the Polkadot.js web application.
Learn how to contribute to a parachain crowd-loan campaign in the Polkadot.js
The tutorial is as follows👇🏽
1️⃣ Log in Element and join chatroom.
2️⃣ Go to Polkadot.js and switch to Rococo in the side bar, create an account and copy your address.
3️⃣ Send code “ !drip + your address” in the Element chatroom to receive the test ROC token.
4️⃣ Go to https://polkadot.js.org/apps/#/parachains/crowdloan and click the “Contribute” button besides Litentry to stake your test ROC token to Litentry and submit the transaction.
Rostock is the name of the test-parachain of Litentry. It carries the main technology stacks of the Litentry DID aggregation protocol and is ready to integrate into Polkadot and Kusama networks to share security at the consensus layer. Rostock was successfully integrated into Rococo in Feb 2021. Litentry aims to bid for the Polkadot and Kusama Parachain Slot Auction, and the Rostock’s approach helps the team understand the auction process and make a bidding strategy.
Litentry is a cross-chain identity aggregation protocol that features a Substrate-built network, mobile app and identity-related tools. The protocol enables identity linking across different networks and facilitates decentralization and transparency in identity credit computation. Litentry provides a secure vehicle through which users manage their identities and dApps obtain real-time credit/reputation of an identity owner across different blockchains.